Wednesday, February 4, 2009

Homeless Freeze to Death as CEOs Make Millions



As homeless people literally freeze to death on the streets, Obama is praised for capping CEO bailouts at $500,000. In the United States, CEOs give themselves $20 Billion in bonuses as the economy tanks and millions face the grim realities of eviction, layoffs, and foreclosure. When people horde wealth while others die in the streets, those with the money should pay. And if they aren't willing to pay by giving up their personal assetts, they should be held accountable by the friends and family of the dead, homeless, and jobless in the court of the streets, where they would not only be forcefully mugged, but probably torn apart limb from limb.

Too many people have died under the boots of corporations. Too many are suffering from the greed of the banks. Globally for decades, nationally in recent years. The time for accountability has come.

When criminals like Bank of America CEO Kenneth D. Lewis make over $20 million and General Motors CEO Rick Wagoner make $14.4 million, they deserve to freeze in the streets and those in the streets deserve a home, a hot meal, and a shower.

1 comment:

American Fables said...

How the CEO came to make 10 times as much money as the other employees


It was a warm spring morning in Oakwood Forest, and entrepreneurship was in air. Bear and Fox decided that today would be a good day to start a company.

Bear hired ten squirrels for his company and made one of them CEO. He paid both the worker squirrels and the CEO squirrel one acorn per day. Fox did the same thing, hiring ten squirrels (nine workers and one CEO) and paying each of them one acorn per day.

Business was split equally between the Bear's company and Fox's company.

Business continued as usual, until one day Fox had a brilliant idea. He decided to pay the CEO squirrel 10 acorns per day. The CEO squirrel didn't do any more work than he used to. He just got fat. But the other squirrels started working like crazy! They came to work early, ate lunch on the job, and worked late into the night. Some of them slept at the office. Others stopped going on vacation. All of their squirrel spouses grew quite upset and most of the squirrels working at Fox's company had sad squirrel divorces. All to have a better chance of being picked as the next CEO. But business was booming and Fox's company, with its highly productive worker squirrels, drove Bear's company out of business.

This is called "Tournament Theory" and it explains why CEOs (and Partners, upper management, etc.) are paid so much more than average employees.

Moral: pick your own acorns.